Provisions to nonperforming loans (%) in Cyprus
Cyprus: Provisions to nonperforming loans (%) was 44.4% in 2020. ▼ Falling
Provisions to nonperforming loans in Cyprus, 2008–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
Cyprus recorded 44.4% for provisions to nonperforming loans in 2020.
That represents a change of down 11.7% on the previous year and down 1.9% over ten years.
Over the whole period, provisions to nonperforming loans in Cyprus peaked at 67.9% in 2008 and was at its lowest, 29.6%, in 2013.
Cyprus ranks 111th of 140 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Provisions to nonperforming loans (%) in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 67.9% | — |
| 2009 | 57.6% | -15.2% |
| 2010 | 45.3% | -21.4% |
| 2011 | 41.8% | -7.7% |
| 2012 | 38.7% | -7.4% |
| 2013 | 29.6% | -23.5% |
| 2014 | 31.1% | +5.1% |
| 2015 | 37.2% | +19.7% |
| 2016 | 41.4% | +11.1% |
| 2017 | 46.1% | +11.5% |
| 2018 | 47.8% | +3.7% |
| 2019 | 50.3% | +5.2% |
| 2020 | 44.4% | -11.7% |
Cyprus compared with similar countries
- Cyprus's 44.4% is below the median for high income countries, which is 51.6%, 86% of the median. (55 countries reporting)
- Cyprus's 44.4% is below the median for Europe & Central Asia, which is 60.5%, 73% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.8% | 57.6% | 67.9% | 2 |
| 2010s | 40.9% | 29.6% | 50.3% | 10 |
| 2020s | 44.4% | 44.4% | 44.4% | 1 |
Countries ranked near Cyprus
More financial sector data for Cyprus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 84.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 62.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 84.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is provisions to nonperforming loans in Cyprus?
- Provisions to nonperforming loans in Cyprus was 44.4% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest provisions to nonperforming loans recorded in Cyprus?
- The highest recorded value was 67.9% in 2008.
- What is the lowest provisions to nonperforming loans recorded in Cyprus?
- The lowest recorded value was 29.6% in 2013.
- How does Cyprus rank for provisions to nonperforming loans?
- Cyprus ranks 111th out of 140 countries with data for 2020.
- Is provisions to nonperforming loans rising or falling in Cyprus?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.
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About this data
Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.